20:77:03:01Application for registration.

An appraisal management company desiring to provide appraisal management services in this state shall apply for a certificate of registration on a form approved by the secretary. All application materials, including the required fee, must be received by the department within ninety days of the application being submitted or the application expires. The secretary may extend the time for an application upon the written request of the applicant or to allow the applicant reasonable time to comply with the department's request for information or records. The registration fee prescribed in § 20:77:04:01 must accompany the application. The appraisal management company seeking registration shall provide the following information in the application: (1) Its legal name and any trade or business name of the appraisal management company; (2) Its contact information; (3) The name and contact information of the designated officer and every other controlling person of the company; (4) The name and contact information of any owner of the company who has had an appraiser license or certificate refused, denied, cancelled, surrendered in lieu of revocation, or revoked in any state; (5) A signed irrevocable uniform consent to service of process on behalf of the company; and (6) A sworn declaration signed by the designated officer.

Source: 38 SDR 40, effective September 20, 2011; 45 SDR 45, effective October 8, 2018; 46 SDR 29, effective September 9, 2019; 49 SDR 25, effective September 18, 2022; 53 SDR 43, effective October 15, 2026.